WESPAC Advisors LLC Sells 2,588 Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU)

WESPAC Advisors LLC lowered its position in Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) by 32.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,429 shares of the company’s stock after selling 2,588 shares during the period. WESPAC Advisors LLC owned 0.12% of Invesco S&P 500 Equal Weight Utilities ETF worth $315,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. SRS Capital Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight Utilities ETF in the 4th quarter worth approximately $26,000. First Horizon Advisors Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter valued at $28,000. Signaturefd LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter valued at $32,000. Salomon & Ludwin LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter valued at $32,000. Finally, RFP Financial Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Utilities ETF during the 1st quarter valued at $52,000.

Invesco S&P 500 Equal Weight Utilities ETF Trading Up 0.7 %

Shares of RSPU stock traded up $0.44 on Friday, hitting $65.00. The stock had a trading volume of 11,450 shares, compared to its average volume of 33,246. Invesco S&P 500 Equal Weight Utilities ETF has a twelve month low of $47.27 and a twelve month high of $65.06. The firm has a market cap of $286 million, a P/E ratio of 17.76 and a beta of 0.69. The company has a fifty day moving average price of $61.19 and a two-hundred day moving average price of $58.43.

Invesco S&P 500 Equal Weight Utilities ETF Profile

The Invesco S&P 500 Equal Weight Utilities ETF (RSPU) is an exchange-traded fund that mostly invests in utilities equity. The fund tracks an equal-weighted index of S&P 500 utilities companies. RSPU was launched on Nov 1, 2006 and is managed by Invesco.